Brunnermeier, Markus K.

A macroeconomic model with a financial sector.

Bibliografía : páginas 419-421.

The baseline model, 384 ; Solving for the equilibrium, 389 ; Instability, endogenous risk, and asset pricing, 398 ; Volatility paradox and the Kocherlakota critique, 406 ; Borrowing costs and financial innovations, 408 ; Efficiency and macroprudential policies, 413 ; Conclusions, 419

This article studies the full equilibrium dynamics of an economy with financial frictions.

ISSN: 00028282

Subjects--Topical Terms:
Macroeconomía.
Instituciones financieras internacionales.